United Photovoltaics to Acquire 210 MW of Solar-Power Plants
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United Photovoltaics Group Ltd. will acquire Zhongneng Guodian New Energy Cooperation and Development Jiangsu Co., an owner of solar-power projects, for 105 million yuan ($16.9 million).
Through the acquisition, United PV will own five solar projects with a total capacity of 210 megawatts, the company said in a statement Monday.